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1525 Mills Cart Rd

Salem, IL 62881

3 bd 3 ba 2,372 sqft Built 1980 single_family
Most recent sale
$220,000
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $220,000 Public Record
Jun 6, 2022 Sold $220,000 MRED
Mar 24, 2022 Price changed $239,900 MLS #EB443216
Feb 22, 2022 Listed $249,900 MLS #EB443216
Jul 21, 2016 Sold $90,000 MLS #227639
Jul 29, 2014 Listing removed $149,000 Egyptian
Jul 21, 2014 Listed $149,000 MLS #327844
Jun 1, 2011 Listing removed $138,900 Egyptian
Feb 14, 2011 Listed $138,900 MLS #302406
Feb 28, 2010 Listing removed $139,000 Egyptian
Feb 18, 2010 Price changed $139,000 MLS #262882
Sep 4, 2009 Price changed $149,999 MLS #262882
Mar 26, 2008 Listed $169,500 MLS #262882
Jun 18, 2003 Sold $90,000 MRED
Jun 18, 2003 Listed $119,900 MLS #227639

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $52,240 $4,470 $56,710 $2,254
2021 $48,160 $4,180 $52,340 $4,110
2020 $45,910 $4,150 $50,060 $3,890
2019 $44,230 $4,000 $48,230 $3,814
2018 $44,230 $4,000 $48,230 $4,367
2017 $43,360 $3,920 $47,280 $4,325
2016 $40,910 $3,700 $44,610 $3,701
2015 $39,410 $3,700 $43,110 $3,383
2014 $39,410 $3,700 $43,110 $3,406
2013 $39,020 $3,660 $42,680 $3,366
2012 $38,630 $3,620 $42,250 $3,289
2011 $38,630 $3,620 $42,250 $3,240
2010 $39,420 $3,690 $43,110 $3,152
2009 $39,420 $3,690 $43,110 $3,218
2008 $32,300 $3,570 $35,870 $2,813
2007 $30,760 $3,400 $34,160 $2,697
2006 $29,580 $3,270 $32,850 $2,610

Property facts

Year built
1980
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,372 sqft
Lot size
ZIP code
62881
City
Salem
Street
Mills Cart Rd
Coordinates
38.62675, -88.96746

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,320
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1525 Mills Cart Rd last sell?
1525 Mills Cart Rd most recently sold on Jun 7, 2022 for $220,000.
What is the current tax assessment for 1525 Mills Cart Rd?
The most recent total assessment for 1525 Mills Cart Rd (year 2022) is $56,710 with $2,254 in property tax.
How does 1525 Mills Cart Rd's assessment compare to its last sale price?
The current assessment is 74.2% below the last sale price of $220,000.
When was 1525 Mills Cart Rd built?
1525 Mills Cart Rd was built in 1980.
How does 1525 Mills Cart Rd compare to others on Mills Cart Rd?
We track 8 other properties on Mills Cart Rd. Browse the list under "Other properties on Mills Cart Rd" to compare beds, baths, and sale history.
What are the property facts for 1525 Mills Cart Rd?
1525 Mills Cart Rd is a 3 bed, 3 bath, 2,372 sqft single_family.
Is 1525 Mills Cart Rd a flip candidate?
No — 1525 Mills Cart Rd does not appear in our flips dataset.
Is 1525 Mills Cart Rd a tax-appeal candidate?
No — 1525 Mills Cart Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.5%
Implied 1-yr
+33.9%
2026 Q2
$292.5K
2026 Q3
$292.5K
ZIP 62881 — Median Price History + Forecast

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